Garry Lawrence
19-Year-Old Closing on First Rental Property – Seeking Advice!
11 January 2025 | 12 replies
What property management software or tools would you recommend for tracking rent payments, leases, and maintenance requests?
Glenn N.
Small business software for Lenders
5 January 2025 | 4 replies
We use a third party servicer to do all of this - much easier and when starting just tracked payments in wuickbooks as servicer tracked everything else
Jake Thorpe
Tax liens - what do you know?
14 January 2025 | 5 replies
Unlike some buyers, I ALWAYS go look at the properties before the sale and discovered that the vacant lot had an active railroad track on it and therefore was unbuildable, and would remain unbuildable until the railroad removed their track.
Jorge Abreu
📅 Critical Dates: Timing is Everything
6 January 2025 | 2 replies
Being clear about what you want to do from the start not only helps you stay on track, but it also makes it easier to spot problems or delays before they happen.I totally agree that talking to people is important.
Elvon Bowman
First time acquisition
13 January 2025 | 11 replies
My belief is that if you can find a good enough deal, you can make it work - even with limited track record.
Bob Asad
How do you prevent co-mingling of funds?
7 January 2025 | 24 replies
Legal violations and penalities(fines) even if you have accounting software to track the difference.
Rene Hosman
How much time do you spend prepping for taxes?
14 January 2025 | 28 replies
So I committed to tracking everything throughout the year.
Chris Magistrado
Cybersecurity, Recruiting, or Real Estate?
14 January 2025 | 3 replies
Right now, you may be looking at it as scalable, but assembling a team without a track record is hard because some may end up being leeches.
Deborah Wodell
How Do You Keep Rehab Costs Under Control on Your Flips?
4 January 2025 | 4 replies
The other thing could be tracking what you have had come up on the last 5-10 projects after closing, i.e. the water heater was at the end of life when we bought the last 6 out of the last 10 properties.
Joshua Houchins
Accounting Software?
9 January 2025 | 16 replies
If entities are disregarded, you can keep up with more than 1 in a single QBO account using the location/business feature to keep track of them separately.